In a recent financing round, vilisto has raised 5 million euros from its main investors SET Ventures and E.R. Capital Holding as well as existing investors. This is to be used for the company's growth and development of further products and services related to the heat management system of the Hamburg-based startup.
vilisto promises up to 32% savings
vilisto's patented technology enables the efficient heating of buildings. At the heart of the Hamburg-based startup's digital heat management solution are thermostats with integrated presence detection and self-learning algorithms that recognize the usage patterns of individual rooms and automatically optimize the heating behavior of non-residential buildings. This saves up to 32% heating energy and thus makes an important contribution to reducing CO2 emissions. vilisto has already equipped more than 200 customers with a total of around 35,000 buildings.
A large part of the Series A financing came from Amsterdam-based venture capitalist SET Ventures, which has made a name for itself investing in digital technologies for a carbon-free energy system since 2007. E.R. Capital Holding, a Hamburg-based investment holding company, is the second lead investor in the funding round.
